The world banking system is about to be tested once again by another European crisis because politicians and central bankers underestimated the power of people, writes Robert Gottliebsen.
Business
With Karl, James Packer showed he has his swagger back
James Packer showed us last night in a very positive interview on 60 Minutes that perhaps a direct media stake is unnecessary.
Did Joe Hockey and Barry O’Farrell watch Packer on 60 Minutes?
The first time I met Joe Hockey was 19 years ago in the back of a cab from Sydney Airport with my then boss, Victorian treasurer Alan Stockdale. Joe was working for NSW Premier John Fahey and we were packed into the cab like sardines listening to the big guy rattle off all the things […]
The sustainable professorship of Clive Palmer
Clive Palmer likes to call himself “professor”. But what exactly is he professor of?
Scott Thompson’s career dead in the water
Ex-Yahoo CEO Scott Thompson was caught lying on his resume — he never had that computer science degree — and it’s unlikely he’ll work again, writes Dan Lyons.
Sky darkens for Qantas tormentors as profits in free fall
The sky has gone deep black with threatening storm clouds as Emirates and Singapore Airlines report imploding profits, and Cathay Pacific cuts its growth forecasts in half.
Joye: RBA has misread economy, underestimated labour gains
It turns out that the RBA has indeed (at least superficially) “misread” the economy, as so many commentators are keen to claim. Christopher Joye of Property Observer on labour and rates.
Another setback for Clive’s Queensland mine project
Clive Palmer has hit another roadblock in his attempt to get one of the world’s biggest coalmines off the ground, writes Patrick Stafford.
News prowling as Kohler rejects Fairfax offer for sites
Web-based business publisher Australian Independent Business Media remains firmly on the market after it rejected a low-ball 75% takeover offer from Fairfax Media.
Gina’s kids spend Mother’s Day wondering what she’s up to
Gina Rinehart’s children — John Hancock, Hope Welker and Bianca Rinehart — will spend Mother’s Day wondering what exactly their mum is up to as a bitter legal war continues.
Rupert among the missing as News reports 47% net profit jump
It was a third no-show in a row from Rupert Murdoch at News Corp’s latest quarterly profit briefing, this time for the three months to March in which the company reported a 47% jump in net profit.
Google set to grow Aussie start-up scene
Google is rolling out a new series of networking and tutorial events aimed at growing Australia’s start-up scene, reports Oliver Milman.
Dick Smith’s Foods — a resort to desperate commercial Hansonism
It’s a de facto marriage made in populist heaven — the unholy union between the little Aussie huckster Dick Smith and the crass, unquestioning tabloid TV of A Current Affair, writes David Salter.
Fiscal lessons for a new budget era
There are lessons to be learned from the Budget, not all of them negative for Labor.
The arts: dividend squeeze, but cash for Wolverine and galleries
The 2012 budget was largely neutral for the arts, with a couple of bright spots for SBS and the National Portrait Gallery.
Mayne: accounting rorts aplenty with Future Fund and NBN
Wayne Swan has never actually delivered his own budget surplus during five years as Treasurer, so his $1.5 billion prediction for 2012-13 starts life with little credibility.
Sally McManus: the key player in historic equal pay win
Sally McManus was the driving force behind the landmark equal pay campaign that achieved massive pay rises for over 150,000 low-paid community workers, writes Matthew Knott.
Dream of Dreamliner inches towards reality
It’s been a long wait, but Boeing is set to start flying Dreamliners to Melbourne and Sydney from Septemember, writes Ben Sandilands.
A surplus of rhetoric as the government chases battlers
There’s a surplus of narratives and rhetoric on a budget day obscured by scandal and sleaze.
Maley: bailout doubts for an unruly Greece
Athens is lurching dangerously out of control, after the failure of Antonis Samaras’ to form a coalition government sharply increased the likelihood that the country will quit the eurozone.
Pokie taxes & profits to spike under Vic gov ‘harm minimisation’ plan
Treasury forecasts show surprisingly little confidence in the pokies harm minimisation measures the Victorian government is committed to implementing in 2012, writes Charles Livingstone, from the School of Public Health and Preventive Medicine, Monash University.
aviation industry The truth about air safety in Australia: we’re more lucky than safe
The often excellent work achieved by the Australian Transport Safety Bureau is let down by lapses that raise serious doubts about its consistency if not integrity on the subject of air safety in Australia, writes Ben Sandilands.
Idiot’s Guide to the Convergence Review: local content in global age
While the Convergence Review’s final report put forward a radical rewriting of the basis for media diversity regulation, on local and children’s content this is a strongly status quo report.
Essential: Coalition needed for another global downturn
Australians acknowledge our relative economic health compared to the rest of the world, but wouldn’t trust Labor to lead us out of another economic downturn.
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Compo for pokies … govt clip cuts … Fairfax job fears …
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Cradle to the grave c/o Getty Images
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Brothel baron on Thomson: ‘I think it’s bullshit’
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Human rights simply not on song in Azerbaijan
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Bipartisan resistance to scrutiny of one of our worst privacy intrusions
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Paul Barry: schmoozing revealed between News Int and No.10
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The Oz v academics: Manne, universities hit back
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Today’s First Dog on the Moon
TOP STORIES
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It’s just not worth it, Craig
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Wilkie gets bang for his buck
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Fantasy budget: a greener national economic outlook
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Letter from: Kharkiv, where Ukraine’s EU bid comes to die
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Legal system criminalises Aborigines, says lawyer
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Death of constitutional government in PNG is looming
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Another day, another business lament: it’s all Gillard’s fault
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Thomson undefameable? … Reith to Go Back …
Crikey Says
POLITICS, THE UNIVERSE, ETC
MEDIA/ARTS/SPORT
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Seven wins a close night
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Come in Spinner: the social media revolution (?)
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World Championship Chess: the gulag fianchetto
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Cato takes Ken-do attitude to better-functioning future
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The market rollercoaster ride continues
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Maley: could Greece play a bailout trump card?
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Quitting the exporting and just focusing on the importing
